Posts in Entrepreneurship

Should Google, Facebook and Other Large Tech Firms be Broken Up?

There is a debate going on in a lot of different circles around the power of certain tech companies. Some people think that they influenced the election because Russians took over their platforms. Liberals I know think they should be …

There Is One Bear Market

With the continuous record highs being set in the stock market and crypto market people might wonder where to find a bear.  Tim Knight at Slope of Hope might be the last bear left on the planet.  The rest have …

Different Looks At Bitcoin/Blockchain

My friend Nilesh posted this: I remember walking back from a conference at the European Central Bank in late 2008 accompanied by the then Head of Risk Management for the ECB. We discussed what the long-term impact of the Global …

Taking A Break From Seed?

I lifted this from Fortune’s Term Sheet. FIRM NEWS: Term Sheet has learned that Arena Ventures, the Los Angeles-based early-stage venture capital firm, is pausing seed investing “until the seed market corrects.” Arena managing partner Paige Craig sent out a …

Announcing Our Investment in FinMkt.io

We finalized an investment in FinMkt.  FinMkt is based in New York City and is led by Luan Cox.  She has been terrific to get to know.  We were invited into the deal by Manchester Story.  My partner Kenny was …

Bitcoin, What About The Other Coins?

Nice that we have Bitcoin futures.  Merrill Lynch said they would not let their clients have access to them.  So glad Big Brother is watching out for them. Volume in at the CBOE and CME is very small. To give …

Recruiting Rockstars

65% of startups fail because they don’t have the right talent.  At the early stages, it’s an execution business.  People execute.  It’s that simple.  However, hiring people isn’t a skill we are born with.  They don’t exactly teach hiring in …

The Next Big Thing Is Hard

Economists will tell you it takes thirty years for a revolutionary new technology to infiltrate the world and really make a difference in our lives.  Over the past five to ten years, we have seen some really amazing things be …

Wearing A Lot of Hats Might Not Be As Good As It Seems

One of the awesome things about a growing startup community is the what people think about when they find out about it.  The first people are the service providers.  They all try to make a little money servicing the community.  …

Create An Endowment Effect

Professor Richard Thaler just gave his Nobel lecture.  He is a pioneer in behavioural economics.  Often times, behavioural economics flies in the face of classical economics.  However, there are some pieces of behavioural economics that are really interesting to think …

The Net Neut

This week, the FCC rolled back the Obama regulations on “net neutrality”.  The deeper we get into the 21st Century, the more different pieces of legislation proposed by both parties start to resemble Ayn Rand’s descriptions in Atlas Shrugged. Net …

The Free Market In Bitcoin

Free markets are a rarity today.  I mean truly free markets.  The stock and commodity markets are about as close as you get.  If you haven’t read Professor John Cochrane’s blog post about The Hard Road to Free Markets you …

Big Innovation is Non-Linear

Humans tend to think in terms of lines.  Point A to B to C.  Great innovation draws a new line.  This occurred to me when I was reading Seth Levine’s post on how startups grow and thought about this.  While …

Early Stage Financings Drop

When I read the Techcrunch article on the early stage finance drop it resonated with me. It is where we invest in as a fund, and it’s what HPA did when I co-founded it way back in 2007.  Virtually all of …

Bitcoin Futures Are Coming. Are You Ready?

There are three ways to trade futures coming on Bitcoin.  The most under-reported one is Ledger X.  It’s not a true future, but a swap.  Technically they call it a SEF, or a “swap execution facility”.  Most of the time, …

Focus At The Beginning

Yesterday I had a conversation with Rajiv Nathan.  He is a marketing consultant and does a lot of work with startups.  It would be worth your time to reach out to him if you are thinking about marketing. We talked …

Should Platforms Like Google And Facebook Be Regulated?

If you don’t know who economist George Stigler is, you should. He received a Nobel Prize for proving the concept of “regulatory capture”. We see it again and again and again in all industries. Finance is where some of the …